Web Application Firewall Market - Forecast(2024 - 2030)
Overview
Web application firewall (WAF) market is set to grow at
a CAGR of 17% during the forecast period 2020-2025 and projected to reach $8.05
billion in market size by 2025. The increase in demand to protect web applications from a wide
variety of attacks such as cross-site scripting (XSS), SQL injection, and
cookie poisoning, especially by the end-users and also to secure application
programming interface (API) platforms are contributing to the expansion of the
global web application firewall market size. WAFs are an ideal choice
reverse-proxy server to protect a specific web application from attacks such as
remote file inclusion (RFI) as it targets the vulnerabilities in web
applications. The rise in the instances of web attacks, such as cyber theft,
vandalism, fraud, and espionage are driving the growth of the global web
application firewall market.
Report Coverage
The “Web Application Firewall Market Report – Forecast (2020-2025)”, by
IndustryARC, covers an in-depth analysis of the following segments of the web
application firewall Industry.
Key Takeaways
- North America held a larger share in the web application firewall market owing to the strict regulatory policies by the national governments especially on IT security to improve data security across both governments and private organizations.
- The growing penetration of IoT applications across varied industry verticals is likely to aid in the market growth of the web application firewall.
- An increase in the adoption of innovative technologies due to technological proliferation is set to increase the necessity for web application firewall solutions to eliminate the threats within the enterprises and contribute to increasing the demand for the WAF solutions during the forecast period.
Deployment - Segment Analysis
Presently, the On-Premise held
the largest share in the web application firewall market size in 2019. However,
the cloud-based deployment provides optimized scalability and flexibility in
the case of security protection. Thus, these benefits are increasing the
popularity of cloud-based WAF solutions during the forecast period.
Furthermore, this deployment enables bot detection, threat intelligence
abilities, and access control allied with a web application. Additionally,
these cloud-based solutions offer protections to virtual private networks
against malware, new cyber-threats, phishing, and ransomware. Moreover, these are
designed to provide application programming interface security along with the
distributed denial of Service (DDoS) mitigation.
End-Use Industry - Segment Analysis
Geography - Segment Analysis
North America's web application firewall market share
dominated the global web application firewall market, accounting for more than 40%,
followed by Europe and APAC. It is majorly due to the increase in the number of
investments by the well-established economies in Research and Development
(R&D) activities, thereby boosting the developments related to security
technologies. The phenomenal adoption of WAF solutions in the U.S. and Canada is
witnessing the growth of the North America WAF market. On the other hand, the growing
IoT trend and increasing internal and external threats are attracting the enterprises
to adopt WAF solutions and acting as the primary growth factors of the WAF market.
Drivers – Web Application Firewall Industry Outlook
· Advantageous features afford by the WAF is attributing the growth of the web application firewall market
The low noise levels and improved efficiency provided by the absorption chillers when compared to conventional chillers, and district cooling infrastructure is accelerating the adoption of absorption chillers across different industrial end-users. This has become an appealing option for the industrial users and helping to achieve the environmental and regulatory targets in the industrial sector. In addition to this, the ease of availability of information and greater integration of internal information systems is boosting the growth of the WAF market.
· The prevalence of web application firewall among end-use verticals
Presently, the integration of the ability of network vulnerability scanners with the toolkits for the web application security space is in trend. The rise in the deployment of some web application firewall solutions due to the modifications in the industry and government regulations either explicitly or implicitly. For instance, the Payment Card Industry Data Security Standard (PCI-DSS) is the popular regulation that upsurges the WAF adoption in software or hardware, in a typical server running a common operating system and running in an appliance device.
Challenges – Web Application Firewall Industry
· Cost and
performance are primarily hindering the growth of the web application firewall market
Performance is the primary restraining
factor, as these tools inspect all incoming and outgoing traffic frequently at
the application layer. In this case, each protocol including HTTP and SMTP needs
its proxy application, and support for new network applications and led to the
slow emergence of protocols.
Market Landscape
Acquisitions, product launches, and R&D activities
are key strategies adopted by players in the web application firewall market. In
2018, the market of the web application firewall has been consolidated by the
top ten players accounting for 40% of the share. Akamai Technologies, Inc.,
Applicure Technology Ltd., Barracuda Networks, Inc., Citrix Systems, Inc., Cloudflare,
Inc., F5 Networks, Inc., Fortinet, Inc., Imperva, Inc., Qualys, Inc., and Radware
Ltd. are the web application firewall top 10 companies.
Product Launch
· In July 2018, Quttera, a cybersecurity software, and services
company, announced the launch of a next-generation web application firewall.
This newly designed firewall act as a managed service to protect the zero-day
threats and OWASP top 10. Threatsign, website anti-malware platform permits the
firewall to monitor the incoming traffic and helps to block the cyber-attacks
automatically
· In March 2019, Akamai, announced the design improvements
which alter the cloud migration strategy. To resolve the numerous challenges in
cloud migration, this company planning to extend client infrastructures and
also to provide the edge and advanced security. These unique features offer
protection to content, apps, APIs, and improved web experiences.
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1.1 Definitions and Scope
2. Web Application Firewall Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Web Application Firewall Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Web Application Firewall Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Web Application Firewall Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Web Application Firewall Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Web Application Firewall Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Web Application Firewall Market - By Organization Size (Market Size -$Million / $Billion)
8.1 Large Enterprise
8.2 Small And Medium Enterprise
9. Web Application Firewall Market - By Deployment (Market Size -$Million / $Billion)
9.1 Cloud
9.2 On-Premise
10. Web Application Firewall - By End-Use Industry (Market Size -$Million / $Billion)
10.1 Aerospace Defense
10.2 Banking, Financial Services, Insurance
10.3 Public Sector
11. Web Application Firewall- By Geography (Market Size -$Million / $Billion)
11.1 Web Application Firewall Market - North America Segment Research
11.2 North America Market Research (Million / $Billion)
11.2.1 Segment type Size and Market Size Analysis
11.2.2 Revenue and Trends
11.2.3 Application Revenue and Trends by type of Application
11.2.4 Company Revenue and Product Analysis
11.2.5 North America Product type and Application Market Size
11.2.5.1 U.S
11.2.5.2 Canada
11.2.5.3 Mexico
11.2.5.4 Rest of North America
11.3 Web Application Firewall- South America Segment Research
11.4 South America Market Research (Market Size -$Million / $Billion)
11.4.1 Segment type Size and Market Size Analysis
11.4.2 Revenue and Trends
11.4.3 Application Revenue and Trends by type of Application
11.4.4 Company Revenue and Product Analysis
11.4.5 South America Product type and Application Market Size
11.4.5.1 Brazil
11.4.5.2 Venezuela
11.4.5.3 Argentina
11.4.5.4 Ecuador
11.4.5.5 Peru
11.4.5.6 Colombia
11.4.5.7 Costa Rica
11.4.5.8 Rest of South America
11.5 Web Application Firewall- Europe Segment Research
11.6 Europe Market Research (Market Size -$Million / $Billion)
11.6.1 Segment type Size and Market Size Analysis
11.6.2 Revenue and Trends
11.6.3 Application Revenue and Trends by type of Application
11.6.4 Company Revenue and Product Analysis
11.6.5 Europe Segment Product type and Application Market Size
11.6.5.1 U.K
11.6.5.2 Germany
11.6.5.3 Italy
11.6.5.4 France
11.6.5.5 Netherlands
11.6.5.6 Belgium
11.6.5.7 Denmark
11.6.5.8 Spain
11.6.5.9 Rest of Europe
11.7 Web Application Firewall - APAC Segment Research
11.8 APAC Market Research (Market Size -$Million / $Billion)
11.8.1 Segment type Size and Market Size Analysis
11.8.2 Revenue and Trends
11.8.3 Application Revenue and Trends by type of Application
11.8.4 Company Revenue and Product Analysis
11.8.5 APAC Segment - Product type and Application Market Size
11.8.5.1 China
11.8.5.2 Australia
11.8.5.3 Japan
11.8.5.4 South Korea
11.8.5.5 India
11.8.5.6 Taiwan
11.8.5.7 Malaysia
11.8.5.8 Hong kong
11.8.5.9 Rest of APAC
11.9 Web Application Firewall - Middle East Segment and Africa Segment Research
11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
11.10.1 Segment type Size and Market Size Analysis
11.10.2 Revenue and Trend Analysis
11.10.3 Application Revenue and Trends by type of Application
11.10.4 Company Revenue and Product Analysis
11.10.5 Middle East Segment Product type and Application Market Size
11.10.5.1 Israel
11.10.5.2 Saudi Arabia
11.10.5.3 UAE
11.10.6 Africa Segment Analysis
11.10.6.1 South Africa
11.10.6.2 Rest of Middle East & Africa
12. Web Application Firewall Market - Entropy
12.1 New product launches
12.2 M&A s, collaborations, JVs and partnerships
13. Web Application Firewall Market - Industry / Segment Competition landscape Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Top companies
13.1.2 Market Share by Region- Top 10 companies
13.1.3 Market Share by type of Application - Top 10 companies
13.1.4 Market Share by type of Product / Product category- Top 10 companies
13.1.5 Market Share at global level - Top 10 companies
13.1.6 Best Practises for companies
14. Web Application Firewall Market - Key Company List by Country Premium
15. Web Application Firewall Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Akamai Technologies, Inc
15.3 Applicure Technology Ltd
15.4 Barracuda Networks, Inc
15.5 Citrix Systems, Inc
15.6 Cloudflare, Inc
15.7 F5 Networks, Inc
15.8 Fortinet, Inc
15.9 Imperva, Inc
15.10 Qualys, Inc
15.11 Radware Ltd
15.12 Company 11
15.13 Company 12 & More
16.1 Abbreviations
16.2 Sources
17. Web Application Firewall Market - Methodology
17.1 Research Methodology
17.1.1 Company Expert Interviews
17.1.2 Industry Databases
17.1.3 Associations
17.1.4 Company News
17.1.5 Company Annual Reports
17.1.6 Application Trends
17.1.7 New Products and Product database
17.1.8 Company Transcripts
17.1.9 R&D Trends
17.1.10 Key Opinion Leaders Interviews
17.1.11 Supply and Demand Trends
LIST OF TABLES
1.Global Web Application Firewall Market By Deployment Market 2023-2030 ($M)1.1 Cloud Market 2023-2030 ($M) - Global Industry Research
1.1.1 Key Growth Factor And Opportunity Market 2023-2030 ($M)
1.2 On-Premise Market 2023-2030 ($M) - Global Industry Research
2.Global Global Web Application Firewall Market, By Organization Size Market 2023-2030 ($M)
2.1 Large Enterprise Market 2023-2030 ($M) - Global Industry Research
2.2 Small And Medium Enterprise Market 2023-2030 ($M) - Global Industry Research
3.Global Global Web Application Firewall Market, By End-Use Industry Market 2023-2030 ($M)
3.1 Aerospace Defense Market 2023-2030 ($M) - Global Industry Research
3.2 Banking, Financial Services, Insurance Market 2023-2030 ($M) - Global Industry Research
3.3 Public Sector Market 2023-2030 ($M) - Global Industry Research
3.4 Retail Market 2023-2030 ($M) - Global Industry Research
3.5 Healthcare Market 2023-2030 ($M) - Global Industry Research
3.6 It Telecom Market 2023-2030 ($M) - Global Industry Research
3.7 Energy Utility Market 2023-2030 ($M) - Global Industry Research
3.8 Manufacturing Market 2023-2030 ($M) - Global Industry Research
4.Global Web Application Firewall Market By Deployment Market 2023-2030 (Volume/Units)
4.1 Cloud Market 2023-2030 (Volume/Units) - Global Industry Research
4.1.1 Key Growth Factor And Opportunity Market 2023-2030 (Volume/Units)
4.2 On-Premise Market 2023-2030 (Volume/Units) - Global Industry Research
5.Global Global Web Application Firewall Market, By Organization Size Market 2023-2030 (Volume/Units)
5.1 Large Enterprise Market 2023-2030 (Volume/Units) - Global Industry Research
5.2 Small And Medium Enterprise Market 2023-2030 (Volume/Units) - Global Industry Research
6.Global Global Web Application Firewall Market, By End-Use Industry Market 2023-2030 (Volume/Units)
6.1 Aerospace Defense Market 2023-2030 (Volume/Units) - Global Industry Research
6.2 Banking, Financial Services, Insurance Market 2023-2030 (Volume/Units) - Global Industry Research
6.3 Public Sector Market 2023-2030 (Volume/Units) - Global Industry Research
6.4 Retail Market 2023-2030 (Volume/Units) - Global Industry Research
6.5 Healthcare Market 2023-2030 (Volume/Units) - Global Industry Research
6.6 It Telecom Market 2023-2030 (Volume/Units) - Global Industry Research
6.7 Energy Utility Market 2023-2030 (Volume/Units) - Global Industry Research
6.8 Manufacturing Market 2023-2030 (Volume/Units) - Global Industry Research
7.North America Web Application Firewall Market By Deployment Market 2023-2030 ($M)
7.1 Cloud Market 2023-2030 ($M) - Regional Industry Research
7.1.1 Key Growth Factor And Opportunity Market 2023-2030 ($M)
7.2 On-Premise Market 2023-2030 ($M) - Regional Industry Research
8.North America Global Web Application Firewall Market, By Organization Size Market 2023-2030 ($M)
8.1 Large Enterprise Market 2023-2030 ($M) - Regional Industry Research
8.2 Small And Medium Enterprise Market 2023-2030 ($M) - Regional Industry Research
9.North America Global Web Application Firewall Market, By End-Use Industry Market 2023-2030 ($M)
9.1 Aerospace Defense Market 2023-2030 ($M) - Regional Industry Research
9.2 Banking, Financial Services, Insurance Market 2023-2030 ($M) - Regional Industry Research
9.3 Public Sector Market 2023-2030 ($M) - Regional Industry Research
9.4 Retail Market 2023-2030 ($M) - Regional Industry Research
9.5 Healthcare Market 2023-2030 ($M) - Regional Industry Research
9.6 It Telecom Market 2023-2030 ($M) - Regional Industry Research
9.7 Energy Utility Market 2023-2030 ($M) - Regional Industry Research
9.8 Manufacturing Market 2023-2030 ($M) - Regional Industry Research
10.South America Web Application Firewall Market By Deployment Market 2023-2030 ($M)
10.1 Cloud Market 2023-2030 ($M) - Regional Industry Research
10.1.1 Key Growth Factor And Opportunity Market 2023-2030 ($M)
10.2 On-Premise Market 2023-2030 ($M) - Regional Industry Research
11.South America Global Web Application Firewall Market, By Organization Size Market 2023-2030 ($M)
11.1 Large Enterprise Market 2023-2030 ($M) - Regional Industry Research
11.2 Small And Medium Enterprise Market 2023-2030 ($M) - Regional Industry Research
12.South America Global Web Application Firewall Market, By End-Use Industry Market 2023-2030 ($M)
12.1 Aerospace Defense Market 2023-2030 ($M) - Regional Industry Research
12.2 Banking, Financial Services, Insurance Market 2023-2030 ($M) - Regional Industry Research
12.3 Public Sector Market 2023-2030 ($M) - Regional Industry Research
12.4 Retail Market 2023-2030 ($M) - Regional Industry Research
12.5 Healthcare Market 2023-2030 ($M) - Regional Industry Research
12.6 It Telecom Market 2023-2030 ($M) - Regional Industry Research
12.7 Energy Utility Market 2023-2030 ($M) - Regional Industry Research
12.8 Manufacturing Market 2023-2030 ($M) - Regional Industry Research
13.Europe Web Application Firewall Market By Deployment Market 2023-2030 ($M)
13.1 Cloud Market 2023-2030 ($M) - Regional Industry Research
13.1.1 Key Growth Factor And Opportunity Market 2023-2030 ($M)
13.2 On-Premise Market 2023-2030 ($M) - Regional Industry Research
14.Europe Global Web Application Firewall Market, By Organization Size Market 2023-2030 ($M)
14.1 Large Enterprise Market 2023-2030 ($M) - Regional Industry Research
14.2 Small And Medium Enterprise Market 2023-2030 ($M) - Regional Industry Research
15.Europe Global Web Application Firewall Market, By End-Use Industry Market 2023-2030 ($M)
15.1 Aerospace Defense Market 2023-2030 ($M) - Regional Industry Research
15.2 Banking, Financial Services, Insurance Market 2023-2030 ($M) - Regional Industry Research
15.3 Public Sector Market 2023-2030 ($M) - Regional Industry Research
15.4 Retail Market 2023-2030 ($M) - Regional Industry Research
15.5 Healthcare Market 2023-2030 ($M) - Regional Industry Research
15.6 It Telecom Market 2023-2030 ($M) - Regional Industry Research
15.7 Energy Utility Market 2023-2030 ($M) - Regional Industry Research
15.8 Manufacturing Market 2023-2030 ($M) - Regional Industry Research
16.APAC Web Application Firewall Market By Deployment Market 2023-2030 ($M)
16.1 Cloud Market 2023-2030 ($M) - Regional Industry Research
16.1.1 Key Growth Factor And Opportunity Market 2023-2030 ($M)
16.2 On-Premise Market 2023-2030 ($M) - Regional Industry Research
17.APAC Global Web Application Firewall Market, By Organization Size Market 2023-2030 ($M)
17.1 Large Enterprise Market 2023-2030 ($M) - Regional Industry Research
17.2 Small And Medium Enterprise Market 2023-2030 ($M) - Regional Industry Research
18.APAC Global Web Application Firewall Market, By End-Use Industry Market 2023-2030 ($M)
18.1 Aerospace Defense Market 2023-2030 ($M) - Regional Industry Research
18.2 Banking, Financial Services, Insurance Market 2023-2030 ($M) - Regional Industry Research
18.3 Public Sector Market 2023-2030 ($M) - Regional Industry Research
18.4 Retail Market 2023-2030 ($M) - Regional Industry Research
18.5 Healthcare Market 2023-2030 ($M) - Regional Industry Research
18.6 It Telecom Market 2023-2030 ($M) - Regional Industry Research
18.7 Energy Utility Market 2023-2030 ($M) - Regional Industry Research
18.8 Manufacturing Market 2023-2030 ($M) - Regional Industry Research
19.MENA Web Application Firewall Market By Deployment Market 2023-2030 ($M)
19.1 Cloud Market 2023-2030 ($M) - Regional Industry Research
19.1.1 Key Growth Factor And Opportunity Market 2023-2030 ($M)
19.2 On-Premise Market 2023-2030 ($M) - Regional Industry Research
20.MENA Global Web Application Firewall Market, By Organization Size Market 2023-2030 ($M)
20.1 Large Enterprise Market 2023-2030 ($M) - Regional Industry Research
20.2 Small And Medium Enterprise Market 2023-2030 ($M) - Regional Industry Research
21.MENA Global Web Application Firewall Market, By End-Use Industry Market 2023-2030 ($M)
21.1 Aerospace Defense Market 2023-2030 ($M) - Regional Industry Research
21.2 Banking, Financial Services, Insurance Market 2023-2030 ($M) - Regional Industry Research
21.3 Public Sector Market 2023-2030 ($M) - Regional Industry Research
21.4 Retail Market 2023-2030 ($M) - Regional Industry Research
21.5 Healthcare Market 2023-2030 ($M) - Regional Industry Research
21.6 It Telecom Market 2023-2030 ($M) - Regional Industry Research
21.7 Energy Utility Market 2023-2030 ($M) - Regional Industry Research
21.8 Manufacturing Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Web Application Firewall Market Revenue, 2023-2030 ($M)2.Canada Web Application Firewall Market Revenue, 2023-2030 ($M)
3.Mexico Web Application Firewall Market Revenue, 2023-2030 ($M)
4.Brazil Web Application Firewall Market Revenue, 2023-2030 ($M)
5.Argentina Web Application Firewall Market Revenue, 2023-2030 ($M)
6.Peru Web Application Firewall Market Revenue, 2023-2030 ($M)
7.Colombia Web Application Firewall Market Revenue, 2023-2030 ($M)
8.Chile Web Application Firewall Market Revenue, 2023-2030 ($M)
9.Rest of South America Web Application Firewall Market Revenue, 2023-2030 ($M)
10.UK Web Application Firewall Market Revenue, 2023-2030 ($M)
11.Germany Web Application Firewall Market Revenue, 2023-2030 ($M)
12.France Web Application Firewall Market Revenue, 2023-2030 ($M)
13.Italy Web Application Firewall Market Revenue, 2023-2030 ($M)
14.Spain Web Application Firewall Market Revenue, 2023-2030 ($M)
15.Rest of Europe Web Application Firewall Market Revenue, 2023-2030 ($M)
16.China Web Application Firewall Market Revenue, 2023-2030 ($M)
17.India Web Application Firewall Market Revenue, 2023-2030 ($M)
18.Japan Web Application Firewall Market Revenue, 2023-2030 ($M)
19.South Korea Web Application Firewall Market Revenue, 2023-2030 ($M)
20.South Africa Web Application Firewall Market Revenue, 2023-2030 ($M)
21.North America Web Application Firewall By Application
22.South America Web Application Firewall By Application
23.Europe Web Application Firewall By Application
24.APAC Web Application Firewall By Application
25.MENA Web Application Firewall By Application
26.Akamai Technologies, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Barracuda Networks, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Citrix Systems, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.F5 Networks, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Imperva, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Fortinet, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Applicure Technology Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Qualys, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Cloudflare, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Radware Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)